Low Quality Journalism From CNN

In the past five years or so, CNN has steadily lost its way as a reputable news organization in my eyes.

Take a look at the following article, titled “Forget Apple, look at Google’s stock.”

The entire article was less than 300 words, of which 80 was taking user-generated comments from StockTwits.  What makes CNN think these people are qualified to pontificate on the stock market, let alone convince people to “forget Apple,” the most success company in America? And even if they are, CNN made no effort to share that information with readers.

These StocksTwits statement are the only “sources” for the article, besides the writer’s own analysis, which is weak.

The writer doesn’t seem to grasp the concept that one shouldn’t simply compare the prices of two stocks, because of dividends and stock splits. And the fact that both Google and Apple shares crossed the $700 mark is meaningless, because of differences in the number of shares outstanding.

Where does CNN find these awful people?

References:

Forget Apple, look at Google's stock

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About newsskeptic

I’ve been a reporter for over 19 years; Traveled to some places, worked with some great people and broke some great stories. But over the 19 years, I’ve also watched the commoditization of news and the slow, steady degradation of journalism. What used to be quality journalism has now turned into machinery, with questionable practices and agendas. In a lot of news organizations nowadays, I don’t even think it’s journalists that run the show anymore. I hope to shed some light on these issues with this blog. I invite any and all like-minded individuals to join me in this endeavor.

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